SINGAPORE – Singapore manufacturing maintained expansion mode in November for a fifth straight month, but pulled back from the peak reached in October. But the electronics sector continued to forge ahead, expanding the most in more than two years. Analysts said the mixed picture flags that the recent resurgence of Covid-19 worldwide may have started to […]
Read MoreMergers and acquisitions in renewable energy in Vietnam are on an upward trajectory and expected to become even hotter next year, with the country officially overtaking Thailand to rank as the largest solar market in Southeast Asia. With more than 6,314MW installed as of the end of August, the market is expected to add 7,000MW […]
Read MoreA senior official of the Ministry of Commerce (MoC) said negotiations towards a free trade agreement (FTA) between Cambodia and South Korea saw agreement on 90 percent of the issues addressed as the fourth round of talks concluded last month. MoC spokesman Seang Thay said: “Both countries have agreed on issues including economic cooperation, trade […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) is reviewing the targets under the Philippine Export Development Plan (PEDP) to determine if these can still be achieved given the impact of the pandemic. “Currently, we are reviewing and assessing the PEDP’s strategies indicators and export targets to see if such are still doable […]
Read MoreContainer freight rates across the world’s busiest ocean trade route have soared to a 10-year high, adding to strains on major shipping lanes as Western retailers rush to restock ahead of the year-end holidays. The average spot-market price to ship a 20-foot box from Asia to Europe hit $2,091 this week, according to the Shanghai […]
Read MoreFour massive Thai conglomerates — B.Grimm Group, Amata Corporation, PTT and Global Power Synergy — have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar. A memorandum of understanding is expected to be signed by the beginning of next year, said B.Grimm chairman Harald Link. Mr Link said B.Grimm’s role in the […]
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